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Medvedev urges global terror fight

Russian President Dmitry Medvedev has said the attackers behind the deadly Moscow airport blast wanted to bring Russia "to its knees" and thwart his bid to court foreign investment.

But, he said, "they miscalculated".

Medvedev told government and corporate leaders at the World Economic Forum in Davos, Switzerland, that the attack "only strengthens our resolve to find an effective international protection against terror".

Giving the keynote speech to the forum, in the Swiss Alps, he said the attackers wanted to "bring Russia to its knees".

The bombing on Monday killed 35 people and injured more than 100 at Moscow's biggest airport, and threatened to unsettle investors by underlining Russia's persistent security problems.

Medvedev enumerated reasons why investors should still come to his country, the world's largest by territory but whose economy has struggled under corruption and heavy reliance on oil and other natural resources.

"I'm convinced that democracy will continue to develop, thanks to economic modernisation," he said.

Medvedev acknowledged that some of the international business community's criticism of Russia was "well-deserved" but some, he said, was misdirected.

"We are willing to receive friendly advice what we don't need is lecturing. We should be working together," he said.

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